NOT LISTED FOR SALE

7107 Perry Rd Bell Gardens, CA 90201

Estimated Value: $888,000 - $1,128,000

8 Beds
4 Baths
2,422 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $925,000 $382 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,514/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Bell Gardens Veterans Park

About This Home

As of February 2022

Great investment opportunity in the City of Bell Gardens. Situated on a large 10,382 square foot lot, consisting of four 2 bedroom, 1 bathroom units. Buyer can explore options of potentially adding units, only approx. 2,400 Sq.Ft. is developed on this huge 10,000+ Sq.Ft. lot which can provide an additional source of income, and a stronger return on investment. All units are in need of upgrading . Each unit have individual Electric & Gas meters. All units have in-wall heaters. Common laundry room is currently inoperative and used as storage. Ample parking and carports are located behind the units, large enough to fit 10+ cars. Long term tenants are paying below market rent. All units are occupied and tenants are current on the rent and they are on month to month basis. please DO NOT disturb tenants. drive by only.
Property is conveniently located near schools, parks, public transit, freeways and shopping centers. Truly a great investment in a great location.

Last Agent to Sell the Property

Nancy Aynehchi

First Team Real Estate License #01450929 Listed on: 01/04/2022

First Team Real Estate

Last Buyer's Agent

Nancy Aynehchi

First Team Real Estate License #01450929 Listed on: 01/04/2022

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,266

Year Built

  • Built in 1961

Lot Details

  • 10,382 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Family Room
  • Neighborhood Views
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 24 / 2
  • Tax Tract Number 11461
  • Assessor Parcel Number 6358006023
  • $2,583 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $1,670
  • Maintenance Expense $4,200
  • Trash Expense $450
  • Water Sewer Expense $2,500
  • Operating Expense $9,600
  • Gross Income $51,000
  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,266

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Nancy Aynehchi
  • Other Phone Number: 714-496-8852
  • Price Per Unit: 225000
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: BGR3*
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 6358006023
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 381.92
  • Room Type: Family Room, Kitchen
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 10382.00
  • Lot Size Acres: 0.2383

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 605 Square Feet
  • Gross Income: 51000.00
  • Gross Operating Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1670.00
  • Lot Size Area: 10382.0000 Square Feet
  • Maintenance Expense: 4200.00
  • Net Operating Income: 41400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Actual Rent: 51000.00
  • Total Expenses: 9600.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5340.01
  • Tax Lot: 24
  • Tax Tract Number: 11461
  • TaxOtherAnnualAssessmentAmount: 2583.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Garcia Jesus and Garcia Yesenia Rivera
Bought by
Garcia Jesus and Garcia Yesenia Rivera
Current Estimated Value
$977,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$394,051
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$616,964

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jan 25, 2022
Sold by
Adelaida P Guillen Trust
Bought by
Garcia Jesus and Garcia Yesenia Rivera
Seller's Agent
Nancy Aynehchi
First Team Real Estate
Buyer's Agent
Nancy Aynehchi
First Team Real Estate
List Price
$900,000
Sold Price
$925,000
Premium/Discount to List
$25,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
May 14, 2013
Sold by
Guillen Adelaida
Bought by
Guillen Adelaida P and The Adelaida P Guillen Trust

Purchase Details

Closed on
May 27, 1994
Sold by
Guillen Adelaida
Bought by
Guillen Adelaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.35%

Purchase Details

Closed on
May 26, 1994
Sold by
Guillen Adelaida
Bought by
Guillen Adelaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Jesus -- Orange Coast Title
Garcia Jesus $925,000 Western Resources Title
Guillen Adelaida P -- None Available
Guillen Adelaida -- Pacific Title
Guillen Adelaida -- Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jesus $400,000
Previous Owner Guillen Adelaida $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $925,000 +2.8% $382 / Sq Ft
01/19/2022 01/19/22 For Sale $900,000 -2.7% $372 / Sq Ft
01/07/2022 01/07/22 Off Market $925,000 -- --
01/04/2022 01/04/22 For Sale $900,000 -- $372 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,266 $981,616 $764,069 $217,547
2024 $14,266 $962,370 $749,088 $213,282
2023 $14,214 $943,500 $734,400 $209,100
2022 $3,875 $81,482 $20,579 $60,903
2021 $3,527 $79,885 $20,176 $59,709
2019 $3,384 $77,518 $19,579 $57,939
2018 $3,234 $75,999 $19,196 $56,803
2016 $3,039 $73,050 $18,451 $54,599
2015 $2,782 $71,953 $18,174 $53,779
2014 $2,643 $70,544 $17,818 $52,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22000443

California Regional Multiple Listing Service (CRMLS)

APN: 6358-006-023